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Business, Bachelor of Science (B.S.) with a concentration in supply chain management and analytics 1 BUSINESS, BACHELOR OF SCIENCE (B.S.) WITH A CONCENTRATION IN SUPPLY CHAIN MANAGEMENT AND ANALYTICS SCMA 212 or MATH 200 The concentration in supply chain management and analytics gives students the skills to manage the manufacture and movement of products in the global environment and to understand the fundamentals of decision analytics. The curriculum is comprehensive in that supply chain management and analytics involve a range of issues from inventory management to risk management, as well as the indispensable role of information and technology in coordinating modern supply chains and analyzing data for the benefit of the organization. Learning goals The goal of the curriculum for the supply chain management and analytics concentration is to prepare students for careers in supply chain management, logistics, and analytics. Learning outcomes Differential Calculus and Optimization for Business 3 Calculus with Analytic Geometry UNIV 111 Play course video for Focused Inquiry I Focused Inquiry I 3 UNIV 112 Play course video for Focused Inquiry II Focused Inquiry II (with a minimum grade of C) 3 UNIV 200 Inquiry and the Craft of Argument (with a minimum grade of C) 3 The admission requirements for the School of Business (http:// bulletin.vcu.edu/undergraduate/business/undergraduate-information/ academic-policies) detail the deadlines for students to be admitted to the advanced business program with a major in the school. At least 30 hours of the required business courses for the Bachelor of Science must be taken at VCU. Students may need to take additional mathematics courses as prerequisites to SCMA 212 or MATH 200. These credits will count as electives in the foundation program. The sample curriculum outline includes SCMA 171 since many of our students will need to complete this course. The INFO 160, INFO 161, INFO 162 and INFO 165 requirements may be waived upon successful completion of a Knowledge Equivalency Test administered by the Office of Undergraduate Studies. No more than two additional credits may be applied to the degree from the INFO 16x series. Upon completing this program, students will know and know how to do the following: 1. Demonstrate an understanding of the complexities of global supply chains No more than four credits in physical education courses may be applied to the degree. 2. Describe strategies for managing supply chain uncertainty and risk 3. Demonstrate an understanding of the relevance of methodologies such as forecasting quality management and project management to effective supply chain management 4. Describe the role of technology in the effective management of supply chains 5. Describe the analytic and quantitative skills required of a decision analyst INTL 493 may not be counted toward a business degree. Degree requirements for Business, Bachelor of Science (B.S.) with a concentration in supply chain management and analytics Business foundation Special requirements General Education requirements The foundation program specifies course work required during the freshman and sophomore years. Students are eligible for admission into the advanced business program with a major in the School of Business upon meeting the minimum cumulative GPA requirement and successful completion of: UNIV 111 Play course video for Focused Inquiry I Focused Inquiry I 3 UNIV 112 Play course video for Focused Inquiry II Focused Inquiry II 3 UNIV 200 Inquiry and the Craft of Argument 3 A minimum of 54 credits in the foundation program University Core Education Curriculum 54 ACCT 203 & ACCT 204 Introduction to Accounting I and Introduction to Accounting II 6 BUSN 201 Foundations of Business 3 BUSN 225 Winning Presentations 3 ECON 210 Principles of Microeconomics 3 ECON 211 Principles of Macroeconomics 3 INFO 160 Digital Literacy: Computer Concepts, Internet, Digital Devices 1 INFO 161 Digital Literacy: Word Processing Skills 1 INFO 162 Digital Literacy: Spreadsheets Skills I 1 INFO 165 Digital Literacy: Spreadsheet Skills II 1 Approved humanities/fine arts 3 Approved natural/physical sciences 3-4 Approved quantitative literacy: 3-4 SCMA 212 or MATH 200 Differential Calculus and Optimization for Business Calculus with Analytic Geometry Approved social/behavioral sciences Total Hours Business General Education requirements 3-4 21-24 2 Business, Bachelor of Science (B.S.) with a concentration in supply chain management and analytics ECON 210 Principles of Microeconomics 3 ECON 211 Principles of Macroeconomics 3 UNIV 211 Food for Thought INFO 160 Digital Literacy: Computer Concepts, Internet, Digital Devices 1 The Truth About Lying INFO 161 Digital Literacy: Word Processing Skills 1 INFO 162 Digital Literacy: Spreadsheets Skills I 1 UNIV 213 Play course video for The Truth About Lying INFO 165 Digital Literacy: Spreadsheet Skills II 1 UNIV 217 Finding Your Voice in Contemporary Society UNIV 222 Pseudoscience UNIV 299 What's the Big Idea? Business General Education elective (Select credits from the approved list.) Total Hours Any of the following UNIV courses: 3 13 Approved electives Additional Business Foundation requirements ACCT 203 & ACCT 204 Introduction to Accounting I and Introduction to Accounting II 6 BUSN 201 Foundations of Business 3 BUSN 225 Winning Presentations 3 Open electives 11-14 Total Hours 23-26 Advanced business program Advanced business core BUSN 325 Organizational Communication 3 FIRE 311 Financial Management 3 MGMT 303 Creativity and Ideation 3 MGMT 310 Managing People in Organizations 3 MGMT 434 Strategic Management (capstone) MKTG 301 Marketing Principles SCMA 301 Business Statistics I Select four of the following SCMA courses: SCMA 339 Quantitative Solutions for Supply Chain Management 3 SCMA 410 Logistics and Distribution Strategy 3 SCMA 420 Strategic Sourcing 3 SCMA 430 Data Management and Visualization 3 SCMA 439 Process Management and Quality Control 3 SCMA 440 Data Mining and Forecasting 3 SCMA 493 Internship in Supply Chain Management and Analytics 3 Select two of the following: 6 3 BUSN 400 & BUSN 401 Principles of Consulting and International Consulting Practicum (If this option is chosen, both must be taken.) 3 ECON 303 Managerial Economics 3 3 INFO 361 Systems Analysis and Design 3 MGMT 389 Managerial Skills Development 3 MKTG 325 Business-to-business Marketing 3 MKTG 450 Product Development and Management 3 Major requirements Advanced core (flexible by major) BUSN 323 Legal Environment of Business 3 INFO 360 Business Information Systems 3 MGMT 319 Leadership 3 SCMA 302 Business Statistics II 3 SCMA 320 Production/Operations Management 3 What follows is a sample plan that meets the prescribed requirements within a four-year course of study at VCU. Please contact your adviser before beginning course work toward a degree. Major-specific courses SCMA 303 Business Analytics 3 Freshman year SCMA 386 Global Supply Chain Management 3 Fall semester Select four approved SCMA courses 12 Select two approved other electives 6 Total Hours Total minimum requirement 120 credits Business general education electives Additional University Core Education Curriculum approved courses Any AFAM, ANTH, ANTZ, ARTH, BIOL, BIOZ, CHEM, CHEZ, CRJS, DANC, ENGL, ENVS, FRSC, FRSZ, HIST, INNO, INSC, INTL (except INTL 493), MASC, MATH, PHIL, PHYS, PHYZ, POLI, PSYC (except 214), RELS, SOCS, SOCY, USRP or WRLD course 60 Hours INFO 160 Digital Literacy: Computer Concepts, Internet, Digital Devices 1 INFO 162 Digital Literacy: Spreadsheets Skills I 1 SCMA 171 Mathematical Applications for Business or or Precalculus Mathematics MATH 151 UNIV 111 Play course video for Focused Inquiry I Focused Inquiry I Approved University Core Education Curriculum courses Term Hours: 3-4 3 6-8 14-17 Any foreign language course Spring semester Any honors-designated course taught outside of the School of Business BUSN 225 Winning Presentations 3 INFO 161 Digital Literacy: Word Processing Skills 1 Business, Bachelor of Science (B.S.) with a concentration in supply chain management and analytics 3 INFO 165 Digital Literacy: Spreadsheet Skills II SCMA 212 Differential Calculus and Optimization for or Business MATH 200 or Calculus with Analytic Geometry UNIV 112 Play course video for Focused Inquiry II Focused Inquiry II Approved University Core Education Curriculum course Term Hours: 1 3-4 3 3-4 14-16 Sophomore year Fall semester ACCT 203 Introduction to Accounting I 3 BUSN 201 Foundations of Business 3 ECON 210 Principles of Microeconomics 3 UNIV 200 Inquiry and the Craft of Argument 3 Business General Education elective Term Hours: 3 15 Spring semester ACCT 204 Introduction to Accounting II 3 ECON 211 Principles of Macroeconomics 3 MKTG 301 Marketing Principles 3 SCMA 301 Business Statistics I 3 Electives 3-6 Term Hours: 15-18 Junior year Fall semester BUSN 323 Legal Environment of Business 3 BUSN 325 Organizational Communication 3 MGMT 310 Managing People in Organizations 3 SCMA 302 Business Statistics II 3 SCMA 320 Production/Operations Management Term Hours: 3 15 Spring semester INFO 360 Business Information Systems 3 MGMT 303 Creativity and Ideation 3 MGMT 319 Leadership 3 SCMA 303 Business Analytics 3 SCMA 386 Global Supply Chain Management Term Hours: 3 15 Senior year Fall semester FIRE 311 Financial Management Approved SCMA electives Elective 3 6 3 Term Hours: 12 Spring semester MGMT 434 Strategic Management Approved SCMA electives 3 9 Elective 3 Term Hours: 15 Total Hours: 115-123 Total minimum requirement 120 credits SCMA 171. Mathematical Applications for Business. 3 Hours. Semester course; 3 lecture hours. 3 credits. Prerequisite: MATH 141 or satisfactory score on the VCU Mathematics Placement Test within the one-year period immediately preceding the beginning of the course. Preor corequisite: INFO 162. Mathematics equivalency may be validated by a satisfactory score on the VCU Mathematics Placement Test within the one-year period immediately preceding the beginning of the course. Formulation and solution of problems using a spreadsheet and algebra, mathematics of finance, matrices and introductory linear programming. Instruction will include spreadsheet use as a calculation and graphing tool. SCMA 212. Differential Calculus and Optimization for Business. 3 Hours. Semester course; 3 lecture hours. 3 credits. Prerequisite: SCMA 171 or MATH 151 or satisfactory score on the VCU Mathematics Placement Test within the one-year period immediately preceding the beginning of the course. Univariate and bivariate differential calculus and optimization of algebraic functions that model business phenomena. Students should take SCMA 212 immediately after completing SCMA 171. Students may not receive degree credit for both SCMA 212 and MATH 200. SCMA 301. Business Statistics I. 3 Hours. Semester course; 3 lecture hours. 3 credits. Prerequisite: SCMA 212 or MATH 200. Statistical methods for collection, visualization and analysis of business and economic data from populations and processes. Statistical thinking, concepts of variability, sampling, descriptive measures, contingency tables, probability and introduction to regression, correlation, confidence intervals and hypothesis testing. Students may receive credit toward graduation for only one of STAT 206, STAT 208, STAT 210, STAT 212, STAT 312 or SCMA 301. SCMA 302. Business Statistics II. 3 Hours. Semester course; 3 lecture hours. 3 credits. Prerequisite: SCMA 212 or MATH 200 and SCMA 301, STAT 210 or STAT 212. Statistical methods employed in the collection and analysis of business and economic data. Continuation of statistical inference for means and variable relationships using t-tests, analysis of variance, contingency tables, regression and correlation analysis with emphasis on problem formulation and interpretation of computational results. SCMA 303. Business Analytics. 3 Hours. Semester course; 3 lecture hours. 3 credits. Prerequisites: INFO 162; SCMA 212 or MATH 200; and SCMA 301, STAT 212 or STAT 210. Descriptive analysis (Excel models and pivot tables, summary statistics, data visualization and regression analysis), predictive analysis (time series and forecasting) and prescriptive analysis (optimization models, decision trees and sensitivity analysis). SCMA 320. Production/Operations Management. 3 Hours. Semester course; 3 lecture hours. 3 credits. Prerequisite: SCMA 301, STAT 210 or STAT 212. This course is restricted to students who have completed at least 54 credit hours (junior standing). Discipline of management and the management process within the operations of an organization. Planning and controlling of operations through decision analysis, forecasting, aggregate planning, inventory management and quality management. 4 Business, Bachelor of Science (B.S.) with a concentration in supply chain management and analytics SCMA 339. Quantitative Solutions for Supply Chain Management. 3 Hours. Semester course; 3 lecture hours. 3 credits. Prerequisite: SCMA 301, STAT 210 or STAT 212. Enrollment is restricted to students who have completed at least 54 credit hours (junior standing). Modeling businessrelated problems using quantitative techniques. Focus is on applications to problems in the service and manufacturing sectors. Typical problem situations involve management of inventory, scheduling of people and processes and allocation of scarce resources. SCMA 439. Process Management and Quality Control. 3 Hours. Semester course; 3 lecture hours. 3 credits. Prerequisite: SCMA 320. Enrollment is restricted to students who have completed at least 54 credit hours (junior standing). Critical concepts of process management from quality management and Six Sigma; service quality; systems thinking; process improvement strategy and methods; fact-based decision-making; collection and use of data in improvement projects; introduction to data analysis tools and techniques; statistical process control. SCMA 350. Introduction to Project Management. 3 Hours. Semester course; 3 lecture hours. 3 credits. Prerequisite: junior standing. Introductory exposure to and practice with the concepts of project management, the activities and skills of project managers, the prevalence of projects in organizations, and the value of project management skills for all managers. Students will employ project management terminology, participate in project work and engage in the appropriate technical and interpersonal processes for managing successful projects. SCMA 440. Data Mining and Forecasting. 3 Hours. Semester course; 3 lecture hours. 3 credits. Prerequisite: SCMA 302 or STAT 314. Enrollment is restricted to students who have completed at least 54 credit hours (junior standing). This course introduces nonmathematical managers to the major quantitative models designed for sound demand, competitive and system forecasting in today’s complex and increasingly uncertain business environment. The course is useful for multiple business disciplines, including general management, marketing and finance. Topics include game theory, Markov processes, statistical quality control, exponential smoothing and seasonally adjusted trend analysis. Emphasis is placed on a general understanding of theory, mechanics, application potential, available software packages and templates. SCMA 386. Global Supply Chain Management. 3 Hours. Semester course; 3 lecture hours. 3 credits. Enrollment is restricted to students who have completed at least 54 credit hours (junior standing). Introduction to supply chains with emphasis on management, ecommerce and globalization. Topics covered include achievement of strategic fit among members of the chain; managing information system requirements; managing economies of scale, role of cycle inventory, impact of aggregation on risk and inventory; determining the optimal level of product availability, coordination and performance measurement. SCMA 410. Logistics and Distribution Strategy. 3 Hours. Semester course; 3 lecture hours. 3 credits. Prerequisite: SCMA 320. This course provides an introduction to the principal analytical tools and methods used in supply chain management, including experience in solving relevant supply chain and logistics problems. The course content includes a heavy emphasis on the use of Microsoft Excel functions to develop modeling skills, including decision analysis, linear programming, heuristics and simulation for supply chain decision-making. Context areas for problem solving include supply chain network design, inventory management, transportation management, purchasing and demand management. SCMA 420. Strategic Sourcing. 3 Hours. Semester course; 3 lecture hours. 3 credits. Prerequisite: SCMA 320. Procurement and strategic sourcing address the processes that facilitate the structure, creation and management of value-added transactions and relationships between supplier and customer organizations in a channel, supply chain and integrated value system context. SCMA 427. Employment Law. 3 Hours. Semester course; 3 lecture hours. 3 credits. Prerequisite: BUSN 323 or MGMT 331. Enrollment is restricted to students who have completed at least 54 credit hours (junior standing). A survey of legislation and court and administrative-body decisions affecting the employer/employee relationship. SCMA 430. Data Management and Visualization. 3 Hours. Semester course; 3 lecture hours. 3 credits. Prerequisite: SCMA 303. This course is designed with the goal of equipping students with competencies in data management and visualization, with the intended product being an individual capable of developing analytically rigorous decision support tools, catered to specific managerial environments, which can be easily handed off for robust application by a range of intended users in those environments. SCMA 491. Topics in Supply Chain Management and Analytics. 1-3 Hours. Semester course; variable hours. 1-3 credits. Students are restricted to a maximum total of 6 credits for all topics courses. Prerequisite: junior standing. An in-depth study of a selected business topic related to the disciplines in supply chain management and analytics, to be announced in advance. SCMA 492. Independent Study in Supply Chain Management and Analytics. 1-3 Hours. Semester course; 1-3 credits. Maximum total of 3 credits. Prerequisites: junior or senior standing as a major in a business curriculum and approval of adviser and department chair prior to course registration. Intensive study under supervision of a faculty member in an area not covered in depth or contained in the regular curriculum. SCMA 493. Internship in Supply Chain Management and Analytics. 3 Hours. Semester course; 3 credits. Prerequisites: senior standing in the major offering the internship and permission of the department chair. Intention to enroll must be indicated to the instructor prior to or during advance registration for semester of credit. Involves students in a meaningful experience in a setting appropriate to the major.